CEZ Group

Type: Company
Name: CEZ Group (CEZ a.s)
Nationality: Czech Republic
Fact Sheet: Fact Sheet for CEZ a.s.
First reported 12 hours ago - Updated 11 hours ago - 1 reports

Temelin tender decision faces delay

Political turmoil could impact the tender process for the planned construction of two new reactors at the Czech Republic's Temelin plant. The winning bid was due to be decided in September.Czech utility CEZ, which is 70% state owned, launched the tender ... [Published World Nuclear News - 12 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 1 reports

CEZ AS: CEZ Shareholders Approve CZK40/Share Dividend on 2012 Profit

PRAGUE--Shareholders in state-owned power company CEZ AS (BAACEZ.PR) Wednesday approved a dividend payout of 40 koruna ($2.09) per share from last year's net profits, in line with expectations, the company's spokesman said.The Prague-based company, which ... [Published 4 Traders - 16 hours ago]
First reported 21 hours ago - Updated 21 hours ago - 1 reports

Hungary, Factors to watch, June 19

Following is a list of eventsin Hungary and the region, as well as news stories and pressreports which may influence financial markets. BUDAPEST, June 19 (For any queries: Budapest editorial +36 1 327 4745)WHAT IS HAPPENING IN HUNGARY (ALL TIMES GMT)BUDAPEST ... [Published Reuters - 21 hours ago]
First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Price guarantee vital for CEZ Temelin nuclear project

* CEZ's CFO: no major acquisitions while focus on Temelin * Seeks price guarantee through contract for difference * Talks over guarantee to go on even during gov't crisis * Guidance for 2013 are company's best estimates so far By Jason Hovet and Jan Korselt ... [Published Sharenet - Jun 18 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Czech Premier Resigns, Interim Government Likely

PRAGUE--The Czech prime minister resigned Monday amid an abuse-of-power inquiry involving his top aide, setting the stage for what is likely to be an interim government until elections are held next year.Prime Minister Petr Necas, who has been in office ... [Published 4 Traders - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

CEZ Nuclear Tender Decision May Face Delay as Czech Govt Resigns

The imminent resignation of the Czech prime minister and cabinet, due later Monday, creates instability that may force 70% state-owned power company CEZ AS (BAACEZ.PR) to delay the final decision in its ongoing nuclear expansion tender, a spokesman for ... [Published Energia.gr - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

CEZ Set for Longest Drop in 13 Years on Necas, Tax: Prague Mover

CEZ AS, the biggest Czech power utility, headed for its longest losing streak in 13 years, on concern the opposition will levy new corporate taxes as Premier Petr Necas resigns today and Komercni Banka AS cut estimates for power prices.The shares dropped ... [Published Bloomberg - Jun 17 2013]
First reported Jun 15 2013 - Updated Jun 15 2013 - 1 reports

CEZ Bulgaria Regional Manager presents corporate ...

Sofia. CEZ has hosted a working lunch with the Public Council of Ladies in Business, announced the press center of the company.In the energy sector a few women take up managerial posts and it is a pleasure for us to promote the good practices for women’s ... [Published Focus Bulgaria - Jun 15 2013]
First reported Jun 06 2013 - Updated Jun 06 2013 - 2 reports

Power Hedging at Five-Year High in Record Slump: Energy Markets

European utilities are hedging their future electricity output more than at any time in the past five years as the longest slump in prices shows no sign of ending.Power producers from Germany’s EON SE to CEZ AS of the Czech Republic sold an average 49 ... [Published Bloomberg - Jun 06 2013]
Entities: Hedging, Carbon, Germany
First reported Jun 04 2013 - Updated Jun 04 2013 - 4 reports

Chancellor Angela Merkel promises cash to German flood victims

Nassau, Germany/Prague, Germany: Chancellor Angela Merkel promised 100 million euros to victims of Germany's worst flood in a decade on Tuesday as she toured areas devastated by the deluge which has claimed 12 lives across central Europe.Swathes of suburban ... [Published NDTV - Jun 04 2013]
First reported May 28 2013 - Updated May 29 2013 - 4 reports

Shale, coal price splits Czech government on nuclear project

(MENAFN - AFP) A project costed in billions of euros to expand a Czech nuclear plant has been undermined by the effects on energy prices of the shale gas revolution ... [Published MENAFN - May 28 2013]
First reported May 24 2013 - Updated May 24 2013 - 3 reports

Czech $10 Billion Nuclear Project Sparks Dispute in Government

Czech government parties clashed over a $10 billion project to build new nuclear reactors as the plan pit the finance minister against the prime minister.The expansion of the Temelin nuclear power plant is becoming a focus of political disputes one year ... [Published BusinessWeek - May 24 2013]

Quotes

CEZ spokesman Ladislav Kriz told the Wall Street Journal, "The timeline for now isn't changing. But on the other hand, it's difficult to imagine undertaking a final decision of the tender without the clear position of the majority owner, without a clearly-defined government with a clear-cut mandate and an obvious point of view on state energy policy."
"We have to wait for this decision for two or three years in my opinion," the official said, "because then we will know what [shale gas] deposits we really have and how costly it will be to have production from them. It could turn out that we have geology that makes it very expensive to produce this gas."
"Since October last year, respondents' support for the construction has risen by 5 percentage points, and since April 2011 it has grown by 10 percentage points" the poll authors said
"If we take just the normal households, and how many brooms, bleach and rubber gloves they must suddenly buy, that is demand. There will also be demand in construction, demand in renewing roads, higher demand for certain goods and services. And higher demand is pro-growth."

More Content

All (82) | News (70) | Reports (0) | Blogs (10) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Temelin tender decision faces delay [Published World Nuclear News - 12 hours ago]
Poland backpedals on nuclear strategy [Published Business New Europe - 16 hours ago]
CEZ AS: CEZ Shareholders Approve CZK40/Share Di... [Published 4 Traders - 16 hours ago]
Hungary, Factors to watch, June 19 [Published Reuters - 21 hours ago]
Poll: Majority of Czechs in favour of Temelín c... [Published Prague Monitor - Jun 18 2013]
Price guarantee vital for CEZ Temelin nuclear p... [Published Sharenet - Jun 18 2013]
Czech Premier Resigns, Interim Government Likely [Published 4 Traders - Jun 17 2013]
CEZ Nuclear Tender Decision May Face Delay as C... [Published Energia.gr - Jun 17 2013]
CEZ Set for Longest Drop in 13 Years on Necas, ... [Published Bloomberg - Jun 17 2013]
CEZ Bulgaria Regional Manager presents corporat... [Published Focus Bulgaria - Jun 15 2013]
Czechs and Balances: arrests in Prague may actu... [Published In Moscow's Shadows - Jun 13 2013]
Czechs hope wealth-destroying floods [Published Yahoo! UK and Ireland - Jun 13 2013]
Czechs hope wealth-destroying floods can lift g... [Published Reuters - Jun 13 2013]
‘Failed’ Czech power market turns to nuclear [Published Interfax - Jun 12 2013]
Westinghouse Appoints Pavel Janik Managing Dire... [Published Yahoo! Canada - Jun 11 2013]
Westinghouse Appoints Pavel Janík Managing Dire... [Published PRWeb - Jun 11 2013]
CEZ AS : CEZ to Foot Power Bill For Flood Victims [Published 4 Traders - Jun 11 2013]
A Q&A Guide to Electricity Regulation in Bulgaria [Published HG.org - Jun 11 2013]
Eco-energy producers in Bulgaria ask for urgent... [Published Focus Bulgaria - Jun 10 2013]
FOCUS News Agency has reputation of swift and r... [Published Focus Bulgaria - Jun 07 2013]
EU Carbon Rises to Seven-Week High as Demand Su... [Published Bloomberg - Jun 07 2013]
Czech flooding could cost industry €293m [Published Insurance Insight - Jun 07 2013]
HN: Czech firms develop, export flood protectio... [Published Prague Monitor - Jun 07 2013]
Czech floods seen costing insurers $381 mln -in... [Published Sharenet - Jun 06 2013]
Power Hedging at Five-Year High in Record Slump... [Published Bloomberg - Jun 06 2013]
Power Hedging at Five-Year High in Record Slump... [Published Bloomberg via Google News - Jun 06 2013]
CEZ met with business representatives from Blag... [Published Focus Bulgaria - Jun 05 2013]
Floods move to Germany [Published Calcutta Telegraph - Jun 05 2013]
Angela Merkel visits flood-hit areas of Germany... [Published Globe and Mail - Jun 05 2013]
Chancellor Angela Merkel promises cash to Germa... [Published NDTV - Jun 04 2013]
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Czechs and Balances: arrests in Prague may actu... [Published In Moscow's Shadows - Jun 13 2013]
Prague is, needless to say, agog with the latest and biggest corruption story: the raids this morning by some 400 police officers, led by the ÚOOZ organized crime division, which led to a series of arrests. They included several members of parliament ...
CEZ Asks Westinghouse, Rosatom to Improve Their... [Published Michele Kearney's Nuclear Wire - Apr 24 2013]
CEZ Asks Westinghouse, Rosatom to Improve Their Bids for Czech Nuclear Plant Project by Nuclear Street News TeamUtilityCEZ issued an unexpected message Tuesday to the companies vying tobuild two new reactors in the Czech Republic: Try harder....( read ...
Political, Regulatory Risk Weigh on CEZ’s Easte... [Published WSJ.com: Emerging Europe Real Time - Apr 05 2013]
Central Europe’s largest company by market capitalization, Prague-based electricity business CEZ AS (BAACEZ.PR), faces mounting difficulties in its once fruitful Eastern European markets because of regulatory issues and the economic slowdown. ...
Both Sides Claim Advantage in Europe's Sole Nuc... [Published Michele Kearney's Nuclear Wire - Mar 26 2013]
Both Sides Claim Advantage in Europe's Sole Nuclear Power Competition Wall Street Journal (blog) Bothsides–an American-Japanese consortium and a Russian-led team–claim anadvantage in the $10 billion Czech tender to build two new nuclear reactors. ...
Will GE stay on top with supply chain prowess? [Published Wind Energy Update - Mar 25 2013]
Précis: GE has replaced Vestas as the number one turbine maker thanks to a booming home market. But supply chain expertise could help ensure it stays at the top. By Jason Deign Right now it is one of the most impressive renewable energy projects ...
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